SWIFT

PROCEDURE

SWIFT SYSTEM

Mandatory - Bank Officer login into the SWIFT System and:

1. Input *Transaction ID/TRN/F20* the system will show the funds.

2. After input *Transaction ID/TRN/F20* in SWIFT System it will show the
funds. BO of Receiver Bank has to follow instructions given by the system.
3. After the funds shown, system will ask BO to input receiver bank details and
beneficiary details (acct no, etc.), please input it.
4. Just follow the instructions until showing download is completed. The fund is
directed into beneficiary account. But sometimes the system requires “Message
Input Reference”. Please input that too, to complete it.

NOTE :
1. 1. If you do it on the SWIFT.COM, SWIFT.NET server with the fast interface
application, the funds are EMPTY*
2. 2. The bank officer in charge of level 13 or 14 logs in to the SWIFT GLOBAL
international payment system (Note: SWIFT GLOBAL - NOTE Bank's internal
payment system).
3. 3. The bank officer enters the TRN (field F20) of the MT103 provided in the
international payment system SWIFT GLOBAL. After entering the TRN, the
fund is located from the International SWIFT GLOBAL System, at this
moment the fund is hooked and must be withdrawn/reduced to the "Common
Account" of the SWIFT GLOBAL Payment System (SWIFT Internal Payment
System of the Bank ).
4. 4. After the fund has been successfully located in step 2 above, the bank
officer must now go into the “Pending” folder and enter the TRN again and
the one from the MT103 provided and simply place the funds manually in the
field. from the recipient's bank account.
5. 5. NOTE: This TRN is connected to cash funds and will lose connection if
these steps are not followed.
6. 6. The fund must then be manually entered into the account field of the
Trustee's bank account before the Bank Officer leaves the IT facility and then
credited to the beneficiary itself.
7. 7. The Bank Officer must not exit the SWIFT interface before crediting the
amount in cash to the RECIPIENT's bank account; otherwise, the TRN may
lose its connection to the associated funds and become completely useless.
In order to ensure that the bank officer can enjoy the best chance of
concluding the transaction successfully, he or she must peripherally track the
funds in the SWIFT Global International Payment System and deposit them
into the RECIPIENT's bank account through the system on the same day and
without interruptions, that is, without any interruption between the two
operating steps.